A company: With a restrictive financing policy secures sufficient long-term financing to fund all its assets. With
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A company:
- With a restrictive financing policy secures sufficient long-term financing to fund all its assets.
- With a flexible financing policy frequently invests in marketable securities.
- With a flexible financing policy tends to use short-term financing on an ongoing basis.
- Will tend to avoid short-term financing under both restrictive and flexible financing policies.
- With seasonal sales must select flexible financing policies.
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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